Qatar home to one of 14 advanced manufacturing hubs globally; offers significant investment opportunities to Germany

Qatar home to one of 14 advanced manufacturing hubs globally; offers significant investment opportunities to Germany

Qatar's advanced manufacturing and industrial technology sectors offer significant investment opportunities to Germany, which is Doha's fifth-largest trading partner and has significant investments in the country with bilateral trade reaching $1.8bn in 2022.

Moreover, Qatar's industrial technology sector is experiencing significant growth, and the country is home to one of the 14 advanced manufacturing hubs (AMHUBs) globally.

These were articulated by top officials from Qatar at the Hannover Messe Industrial Fair, which is currently underway in Germany.

"The 323 German companies currently operating in Qatar play a vital role in supporting the country's overall development,” Sultan bin Rashid al-Khater, the Undersecretary of the Ministry of Commerce and Industry, told a joint panel at the fair.

Organised in collaboration between Investment Promotion Agency Qatar (IPA Qatar) and the German Federal Association for Small and Medium-sized Business (BVMW), the panel delved into opportunities for investment and collaboration in the manufacturing and technology sectors. It also highlighted the country’s digital advancements and how they benefit businesses looking to establish or expand in Qatar.

Over the past years, Qatar has enacted new laws and regulations to support foreign direct investment and create a favourable business environment, al-Khater said.

"In turn, these reforms have strengthened the country's position as a preferred